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...He added that the company continued to consider that a gross margin of above 53 per cent was achievable in the longer term....
...Chief executive George Weston said the performance was driven by investments in the company over the past few years such as opening new stores or automating some warehouses, and profit margins “recovering...
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...They will say that even a combined company faces competition on all sides, from expensive Birkin bags to Costco backpacks....
...Ultimately, the company decided the perks outweigh the drawbacks....
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Market sentiment is bound to be more fragile than it was only last week
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